NEW DELHI: Highways sector allocation is expected to swell by about Rs 10,000 crore in the Budget for the next fiscal, a source said on Wednesday.
India has an ambitious highways building programme and under Bharatmala, the Road Transport and Highways Ministry has identified stretches for development of about 26,200 km length of economic corridors, 8,000 km of inter corridors, 7,500 km of feeder routes, 5,300 km border and international connectivity roads, 4,100 km coastal and port connectivity roads and 1,900 km expressways in near future.
“We expect the budgetary allocation for the highways sector to increase by Rs 8,000-10,000 crore,” the source said. The allocation for highways sector during the last budget was about Rs 83,000 crore.
